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News 2026-07-14 21:00 UTC

Gold futures pulled back from high as CPI cooled

Gold futures rallied to test a high of $4,112.50 before pulling back to settle higher on the session, maintaining key support near the 4,000 level. Lower-than-expected June CPI data showed headline inflation falling to 3.5% year-over-year, driven by a 5.7% drop in energy prices and boosting expectations for the Fed to